P/E ratio for Owens Corning (OC)

P/E ratio history for Owens Corning from 2006 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Louisiana-Pacific LPX	69.0	411.92%	🇺🇸 USA
PPG Industries PPG	21.1	56.41%	🇺🇸 USA
Corning GLW	64.2	376.72%	🇺🇸 USA
Patrick Industries PATK	20.7	53.81%	🇺🇸 USA
Aspen Aerogels ASPN	-32.3	-339.97%	🇺🇸 USA
Dow DOW	28.1	108.48%	🇺🇸 USA
Masco MAS	22.3	65.32%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.